Meta is quietly preparing to become a player in wholesale electricity markets, turning its voracious artificial intelligence power demand into a reason to trade energy like a utility or hedge fund.

Shares of Meta Platforms are in the spotlight Tuesday after the company began cutting jobs within its Reality Labs division.

Meta is now stepping directly into the electricity market because the company believes this is the only way to get new power plants built fast enough for its AI goals. The company is entering ...

I'm downgrading Meta to a sell due to deteriorating fundamentals despite recent stock gains. Ad impression growth is slowing, especially in the high-value U.S. and Canada market, signaling possible ...

In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity. Bloomberg reports that both ...

(Bloomberg/Josh Saul, Riley Griffin and Naureen S. Malik) — Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power ...

Shares of Meta Platforms, Inc. (NASDAQ:META) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance ...